Customer Reviews

The Death of "e" and the Birth of the Real New Economy : Business Models, Technologies and Strategies for the 21st Century

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This book covers what assumptions were wrong in the dot-com economy and refocuses on the realities of business in the technological, digital-savy economy. It covers all of the P2Ps: Powerpoint-to-Production, Path-to-Profitability, and finally, Peer-to-Peer technologies among others.

Explained are the educational takeaways from historical, leading edge developments of e-commerce, e-procurement and electronic marketplaces and how they can be applied based on the realized importance of extended business relationships. This book then addresses the appication of the newest developments, including peer-to-peer, collaborative commerce, and B2B integration within the supply chain in the currently developing (Real New) digital economy.

This book is recommended reading as it clearly details the digital past and provokes thought on how to continue to execute using new technologies within business today.

The first half of this book is written by the listed authors, followed by six essays by thought leaders on peer-to-peer commerce, collaborative commerce, portals, adaptive strategies for B2B marketplaces, B2B integration, and visibility in the extended supply chain. Fingar and Aronica have done a commendable job of examining and explaining the changes to business models brought by information technology. The authors tell the reader what they think was wrong with the dot-com economy and what needs to be done to succeed in the high-tech economy in which the major risk is not getting Amazoned so much as getting "GE'ed". The book straightforwardly delves into the business model implications of electronic marketplaces, peer-to-peer commerce, B2B exchanges, e-hubs, e-services, component-based architectures, m-commerce, collaborative commerce, value chain optimization, and more. The authors agree with a growing number of others, including re-engineering gurus Hammer and Champy, that the key to success now lies in extended business relationships. The book does an excellent job of looking at the new generation of Internet technologies need to enable new business models and processes. You do not need to be highly technically inclined to follow this discussion which helps business leaders understand what they need to do to power ahead in the real innovation economy. One strength of the book is reflected in the subtitle which shows that the authors are concerned not with technology alone but with how it fits together with new technologies and new business models.

Doing business on the Internet is now a mainstream phenomena ranging from novice online entrepreneurs to established multinational conglomerates. In The Death Of "e" And the Birth Of The Real New Economy, Peter Fingar and Ronald Aronic effectively collaborate to survey and explain the rapid and fundamental changes affecting how individuals and companies are doing business in this age of the computer whether the transactions are across town or on the other side of the world. The authors explain the emerging business models of the electronic marketplace, peer-to-peer commerce, e-hubs, B2B exchanges, auctions, wireless applications, m-commerce, intelligent agent technology, collaborative commerce, digital strategies, and more. The Death Of "e" And the Birth Of The Real New Economy is very highly recommended, essential reading for corporate executives, economists, business managers, and anyone with an interest in how the Internet is impacting upon local, regional, national, and international economies and business practices.

The history of the dot com era is explained extremely well and gives the reader insight as to what happened. For those of us that lived through it, but didn't get to cash out with big bucks it provides a sense of closure. The in depth analysis of the SME and their importance in the value chain gives us a glimpse of what's to come. For those planning on moving forward and view the future as full of opportunity this is a "must read" book.

I give this one three T's, Topical, Timely and Terrific. Clearly states what has happened in the e-business sphere and what you should do now to avoid the horrific mistakes of the dot com era. What effect has the evolution of 'e' really had on today's business environment. Shows you 1) the true meaning of value in today's economy, 2) how to thread your way through the technological minefields and 3) how to create a meaningful and measurable strategy going forward. This is very readable assessment and should be required for business planners and IT implementers from students through seasoned veterans. 5 stars.

During the dot.com craze, companies worried about being "amazoned," asaulted by young zealots who threw out all the rules of the old economy. But now after the crash of the dot.coms, the pendulum has swung back too far and many companies are tempted to think, "I told you so, the Internet was just a fad."

Not so. The true Internet business revolution is just beginning, and no company will be spared its impact.

Companies shouldn't worry about being amazoned, they should worry about being "GE'ed," where under the leadership of CEO, Jack Welch, the single most impotant business tool of our time is being used to gain operational hyperefficiency, and strategically position GE's many companies to dominate their industries. No overnight magic. No quick fixes. But deep and structural changes in what it means to be in business and and what it takes to dominate industries are altered by the anywhere, anytime, anyone connections of the Internet. This is the focus of this book.

I thoroughly agree with Xerox's John Seely Brown and his conclusion that "The Death of e is unquestionably the birth of a new understanding of where the real new economy is headed." The book explains the business models for Value Chain Innovation and Collaborative Commerce. But it doesn't stop there. It goes on to clarify the need for a new generation of Internet technologies to enable these new business models.

Web-services, peer-to-peer computing, intelligent agents and integrated commerce resource platforms are clearly described so that even not-technical readers can grasp the next generation Internet technologies needed to conduct business at the network's edge. In addition to this solid introduction to the new business technologies, in-depth chapters written by industry thought leaders are devoted to the critical concepts: Peer-to-Peer Commerce, Enterprise Portals for Conducting Business on the Network Edge, Collaborative Commerce, Adaptive Strategies for B2B Marketplaces, Dynamic B2B Integration, Bringing Visibility to the Extended Supply Chain, and Understanding ebXML, UDDI and XML/edi. The result is a book with both vision and substance. The downside of this breakthrough book is that I wish it was 800 pages instead of 360, as it triggers the need to learn more and more about the new way of competing. It does, however, provide a pointer to its accompaning Web site at mkpress for further reading and investigation.

Because business and technology cannot be treated as separate issues in today's extremely competitive markets, the book's subtitle indicates the balance provided in its pages: business models, technologies and strategies for the 21st century. The Death of 'e' does not restate the "conventional wisdom of e-business" found in the many other books on the subject. Instead it breaks new ground to show business leaders what they should be thinking and doing to dominate in the real new economy.

Timing is perfect - this is a book for all to read.